This content was provided on behalf of Neptunus Ltd
IF your company operates fleet vehicles or your business uses a number of company vehicles, inflation and rising fuel costs – although much improved between 2011 and 2014 according to the Office for National Statistics (ONS) – are undoubtedly a growing issue within your management team.
Cutting costs across your business is likely to be a number one priority and here are some useful tips on reducing costs (including fuel costs) for your fleet business.
Top Five Ways to Save Money in Your Fleet Business
1. Fuel Card Options
Fuel cards are a cost effective fuel option for petrol replenishment on the road. There are many providers offering a nationwide network so refilling is both convenient and economical. Fuel cards can also provide an accurate record of refuelling costs for your business, eliminating issues of overspending and discrepancies.
2. Choose Modern Technology for Tracking
Accurate tracking for your fleet or for company vehicles can dramatically reduce costs when it comes to fuel and mileage. Many businesses choose to use cheaper solutions such as spreadsheets to log time, miles and petrol. But investing in a high-tech tracking device could give you better Return on Investment when you consider the cost reductions over time.
3. Fuel Management Systems
Adopting a fuel management system to could help you to streamline your fleet and vehicle processes. Get better visibility and get the opportunity to provide the right training for your employees. Fuel management systems can take care of all your processes, end to end.
4. Temporary Storage / Showroom Solutions
Moving head office locations or expanding your business premises isn’t always easy when you have a large number of motor vehicles in need of storage. Temporary storage solutions can help you cover interim periods and also save money from paying for permanent spaces when you are not ready to spend the money. Visit the Neptunus website to find out more about how this service can benefit you.
5. Economical Route Planning
As a business, you should never underestimate the saving power of an economical route planning policy. This mentality should be filtered down through your internal business communication. Here are the best UK route and fuel planners tried and tested by Auto Express – see the list here.